On January 1, 2013, You Are Considering Making an Investment

question 86

Multiple Choice

On January 1, 2013, you are considering making an investment that will pay three annual payments of $10,000. The first payment is not expected until December 31, 2016. You are eager to earn 3%. What is the present value of the investment on January 1, 2013?

• A)$28,286.
• B)$25,886.
• C)$26,662.
• D)$27,300.

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Definitions:

Digestive Tract

Mouth, oropharynx, esophagus, stomach, small intestine, and large intestine.

Apical Ectodermal Ridges

Thickened regions of ectoderm important for the induction and growth of the limbs in developing embryos.

Frontonasal Process

The embryonic precursor to the forehead and the bridge of the nose, playing a significant role in facial development.

Maxillary Processes

Embryological structures that contribute to the formation of the upper jaw (maxilla) and other facial features.